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Struggling sandwich chain Potbelly (PBPB) has continued to see its shares trade very weakly throughout 2019. Today, the stock is bouncing a bit, but only from extremely low levels. Shareholders who bought the IPO several years ago are down more than 85%, as Potbelly has destroyed shareholder value over and over again. I’ve been very bearish on Potbelly since it came public at its exorbitant valuation, and unfortunately, I still think it is overvalued today. The chain has a lot of issues with no end in sight, and I